Signals, Powered By EquityPandit
M&M closed the previous week on a negative note losing 4.29%.
Technically, M&M share price will see immediate support at 2,149.78 and immediate resistance would be seen at 2,246.53.
If M&M share price closes below immediate support of 2,149.78, then sharp breakdown can be seen. M&M share price will see major support at 2,106.52 for the week.
On the positive side, immediate resistance will be seen at 2,246.53. Closing above 2,246.53, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 2,300.02 for the week.
Trading range for M&M share price for this week should be between 2,053.03 on down side and 2,343.28 on up side.
M&M Previous Week High: 2256.75
M&M Previous Week Low: 2160
M&M Previous Week Range: 96.75 Points
M&M share price support and resistance for the week (May 13, 2024 – May 17, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 2,343.28 |
| Resistance 2 | 2,300.02 |
| Resistance 1 | 2,246.53 |
| Support 1 | 2,149.78 |
| Support 2 | 2,106.52 |
| Support 3 | 2,053.03 |
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